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Search Results 0 to 20 of about 21 (some duplicates have been removed)
're with us, i'm jenna lee. jon: and i'm jon scott. new developments in the drama that grips capitol hill and the white house. dueling plans are out now on raising the limit to our nation's credit card and reducing the deficit. wendall goler, our senior foreign affairs correspondent, is live on the north lawn. wendall? >> reporter: jon, starting today house republicans will begin trying to sell their proposal to cut the deficit and raise the debt ceiling to democrats, and if they don't, democrats in the senate will then try and sell their plan to republicans. the chairman of the president's national economic council says mr. obama's address to the nation last night was a warning that democrats and republicans aren't even close. >> what the president was trying to do was let people know that we really are at a stalemate, that we have, that nothing is coming out of congress that is likely to pass be both houses and that this is a time where we as a country have to come together and have compromise and have bipartisanship. >> reporter: saturday was the last time the president and can congres
you. jon: we still have debt deadlock on capitol hill with the default deadline just eight days away now. congressional leaders are still struggling to hammer out some kind of a deal, one that would raise the limit on our nation's credit card while cutting trillions of dollars in spending. house speaker john boehner may unveil his own bill today. harry reid said it would be a nonstarter. wendell goler is live on the north lawn with more. >> reporter: speaker boehner's plan would take the spending cuts agreed to before talks with vice joe biden broke down and raise the debt ceiling a little less than that. it would satisfy the speakers bottom line which is cutting spending more than the debt ceiling is raids but we'd have to go through this all over again by the end of the year. the speaker said yesterday it would solve the immediate crisis. >> there is going to be a two-stage process. it's not physically possible to do all of this in one step. having said that, chris, i know the president is worried about his next election, but my god shouldn't we be worried about the country? >> rep
. it was believed they forged a partnership, but jon karl is in washington, and the speaker fired off a letter just before we came on the air tonight? >> reporter: that's right. the speaker and the president were on the verge of an historic deal that would have cut spending by $3.5 trillion, dealt with the debt crisis and raised that debt ceiling. now, the speaker has fired off this letter to all the members of the house, saying the deal, the talks are over. he says it has become evident that the white house is simply not serious about ending the spending binge. in the end, the speaker writes, we could not connect. i'm told this broke down over a disagreement over how much to raise tax revenues. >> and jon, you know it wasn't long after we learned that this letter was coming that the president said he was going to fire back then, too. here's what the president just said, we'll get your reaction herere >> we have run out of time and they are going to have to explain to me how it is that we are going to avoid default. and they can come up with any plans s at they want and bring them up here and we wi
this next election. but shouldn't we be worried about the country? [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. really? 25 grams of protein. what do we have? all four of us, together? 24. he's low fat, too, and has 5 grams of sugars. i'll believe it when i--- [ both ] oooooh... what's shakin'? [ female announcer ] as you get older, protein is an important part of staying active and strong. new ensure high protein... fifty percent of your daily value of protein. low fat and five grams of sugars. see? he's a good egg. [ major nutrition ] new ensure hh protein. ensure! nutrition in charge! and what it doesn't cover can cost you some money. tha
security check riding on the outcome. abc's jon karl joins us now, from washington, with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal with the house speaker, john boehner. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security. also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by reforming the code, closing some of those loopholes. that's something that congress would act on over this last year. >> that last one, isn't that disguise? a tax increase in >> reporter: well, certainly some will call it that. the rates won't go up. congress would have to act over the next year. if they didn't ago, automatic steps would be taken that both sides wouldn't like which would be tax hikes and spending cuts. possibly, elizabeth, they're talking about repealing part of the health care bill. >> even if president obama and speaker boehner reach a deal they hav
and jon karl have been tracking it. let's start with jake. >> reporter: last night aftete their primetime addresses, house speaker john boehner was overheard saying he didn't sign up to go mano a mano with the president of the united states after the president called for congress to compromise. the president spoke sternly to the american people last night blaming house republicans, especially freshmen, for holding up a debt deal. >> the only reason this balanced approach isn't on its way to becoming law right now is because a significant number of republicans in congress are insisting on a different approach. >> reporter: house speaker john boehner responded by saying that the president wants to continue his rampant spending. >> the president often said we need a balanced approach, which in washington means, we spend morerend you pay more. >> reporter: right now there a a two competing bills, to raise the debt ceiling and reduce the deficit. a house one that likely cannot pass the senate and a a nate one that cannot likely pass the house. both raise the debt ceiling, cut more than $1 tril
congressional leaders are trying to reach a deal before the nation defaults on its loans. house speaker jon weiner may announce a plan by this afternoon to head off negative effects that could happen when the asian markets open on monday. now, he's seeking a deal to raise the debt ceiling and cut spending by equal amounts. top democrats, including president obama, say they will not support a proposal that does not solve the debt ceiling problem through 2012. >> everyone is going to have to be willing to compromise, otherwise, we will never get anything done. >> the american people have long since said it had to quit spending money we don't have. >> white house and congressional officials say that several proposals are still being discussed. >> well, that's certainly an ugly mess. a lot of people are frustrated over the deadlock. congressman pete stark addressed concerns during a town hall meeting in alameda and yesterday. one of the people came -- one of the biggest worries was what would happen to programs that congress can't hammer out? >> a lot of people living on social security and tha
bill nelson of florida, senator claire mccaskill of missouri, senator jon tester of montana, senator ben nelson of nebraska, and senator sherrod brown of ohio. >>> governor jerry brown has been called to jury duty in alameda county. the governor got the normal instructions call tonight, call tomorrow night and call to find out if he has to serve in the jury. the governor served on a jury 30 years ago. that's when governor brown served as foreman that foreman. >>> so far we're doing good. doesn't mean we're exactly right, just means we haven't had a lot of crashes. this morning on highway 4 we have slow traffic coming up through antioch and also some slow traffic on 680 through pleasant hill. nothing major, 80 still looks pretty good from vallejo to richmond all the way out. there's a back up at the richmond bridge toll plaza heading west. this morning if you're driving in hayward already some bunching up near highway 82. still looks pretty good crossing 880 heading over to the bay shore freeway. this morning's commute looks good on northbound 280. northbound 280 they were clearing an
of florida, claire mccaskill of missouri, jon tester of montana, ben nelson of nebraska, and sherrod brown of ohio. >>> congressman david wu is confirming that he will not seek reelection next year. this comes as a house ethics committee launches an investigation into an encounter with a teenage girl. there's a report that he left a voice mail at his office accusing him of the unwanted advances. >>> time now 5:19. let's go to sal. he's watching everything including the golden gate bridge. >> we're going to start there because there's a little bit of mist and fog on the bridge there. southbound 101 traffic moves very nicely if you're coming througsouthern marin you shouldn't have any problem. morning commute is going to be okay as well, if you are driving to the bay bridge toll plaza or to the san mateo bridge toll plaza. both of them are pretty good. then off you go on the san mateo bridge if you're driving to the peninsula. looks pretty good, we're off to a nice start. if you happen to be driving into the south bay any time soon we do have a pretty nice commute there, let's go to steve.
leadership of the u.s. senate. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. but for some of us with overactive bladder, our pipes just don't work as well as they should. sometimes, i worry my pipes might leak. but i learned there's something more i can do. now, i take care with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with symptoms of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesicare may cause allergic reactions that may be serious. if you experience swelling of th
markets. let's get a reality check from abc's countdown team. jake tapper at the white house. jon karl on capitol hill. bianna golodryga from the new york stock exchange. looking at the asian and european markets overnight, there seems to be concern but not panic yet, bianna. >> reporter: that's right. wall street seems to be patient with washington. markets opening blower. just about 130 points lower. not the knee jerk reaction that people were fearful of. things are still at an impasse. even though the markets aren't selling off, people are concerned about what's still on the table a credit downgrade. the s&p says the u.s. could lose its aaa ratings in the next three months. that would mean that interest rates go higher. it would be more difficult for people to get a loan out there. and it could be a big burden for this economy, as we're just starting to recover. george? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. that has not happened. it seems, the only thing that everyone seems to be accepting th
won't believe where. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. i wouldn't bring it in. the eagle flies at dawn. the monkey eats custard. price-line ne-go-ti-a-tor. so, you've been double crossed by other travel sites and now you want to try the real deal. yes, is it true that name your own price... ...got even easier? affirmative. we'll show you other people's winning hotel bids. so i'll know how much to bid... ...and save up to 60% i'm in i know the lady in leather travels on three wheels. wait, is that code? that's my secret weapon... ...naomi pryce see winning hotel bids now at priceline. i don't always have time to eat li
or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. >> welcome to news by the numbers. i'm in the control room. don't try to follow me. you'll never break security. 56 miles per gallon, that's the new fuel efficiency. that's the target president obama has set for the year 2025. i'll be 31. automakers say the new standard threatens their recovery. let's go to the bottom screen and look at brains. next 20%. scientists say that's how much bigger people's brains are north of the equator. do you believe this? but size doesn't matter. northerners are not any smarter than their counterparts when it comes to that. and back up top finally $2.60. that's the average price per tooth left by the tooth fairy. it's down $0.40 from last year. my daughter lost her -- this tooth, it cost me more than $2.60. according to that teleprompter, i got nothing else to say. >> all right. thank you, brian. a pittsburgh area restaurant got national attention and support for banning kids under 6 years old. but childr
Search Results 0 to 20 of about 21 (some duplicates have been removed)